There is a bar in Houhai
Chapter 604 Sirui
Chapter 604 Sirui
On August 8th, Qin Mohan and Xiao Nanrong returned to Yanjing from Urumqi with their two little girls.
On the 26th, Qin Ruoxi will report to the High School Attached to the Conservatory of Music, starting her three-year high school career.Because Qin Mohan was going to record the show, Xiao Nanrong was given the task of sending Erya to report.
The High School Affiliated to Huaxia Conservatory of Music, referred to as Huayinfu, is located on the south side of Chaoyang Park, close to Yongwang Mansion.
Xiao Nanrong originally planned to let her go to school, and he can take care of her even after he retires.But she was rejected by Qin Ruoxi, who had an independent personality, and she strongly demanded to live on campus.
In Qin Ruoxi's words, if my father wants to stay in Urumqi to help supervise the quality of the milk powder factory, my mother should always accompany my father in Urumqi.Or talk about health preservation with Aunt Qing in the courtyard. If you are really bored, you can go to the No. [-] Middle School cooperated by Wild Fox to teach dance, and use your spare energy to save yourself from staying with her and living alone in Yongwang Mansion, which is usually the case. alone.
But what Qin Ruoxi and Jin Yaran revealed privately was that they finally had a chance to spread their wings and fly high, and it was so uncomfortable to be guarded by their mother.
It doesn't matter to Jin Yaran whether she lives in school or not, she has been boarding for several years when she was in elementary school.Now that the summer vacation is over and the filming of "Little Farewell" is finished, she is already in the third grade of junior high school and she has to study hard.Shen Fang forbade the company to accept any more plays for her, and asked her to attend classes well, and during the winter and summer vacations, if she had a cameo role, he could arrange it for her.
Qin Mohan didn't care about the two of them, first flew to Star City, attended the wrap-up banquet of "The Whirlwind Girl", and then took Wu Yufei and Zhou Qi to Hangzhou for a meeting.The other guests at the meeting were a little puzzled when they saw Qin Mohan coming alone, why Shen Fang, who was inseparable from her, didn't show up.Under Qin Mohan's explanation, everyone knew that Shen Fang was negotiating a project while staying in Urumqi.
After Shen Fang's idea of investing in a milk deep-processing enterprise in Urumqi was reported to the city by Ailimu Aimai, not only Urumqi, but even the Xijiang Provincial Government attached great importance to it.
Although Xijiang is the second largest milk source in China, Xijiang does not even have a national brand that can be sold.Not to mention Yili and Mengniu in Mongolia, even Northeast China has nationally renowned products such as Feihe and Wandashan.Therefore, Urumqi and even the Xijiang provincial government hope to get Shen Fang's financial and popular support to break the dilemma that Xijiang dairy products cannot get out of Xijiang.
Shen Fang also called Peter, Tao Chengren, and Qian Bin in Yanjing to Urumqi, because this is an industry that Wild Fox Investment has never been involved in, and it does not match the project announced by Wild Fox Investment.Therefore, this project will not occupy Wild Fox's funds, but will be independently invested by Shen Fang and Qin Mohan, and the Wild Fox Investment Company will be hired to provide financial audit and asset integration.
"Peter, I want to transfer Qian Bin from Wild Fox Investment Company to borrow for half a year to help take charge of this project." As long as an agreement is reached on this project, the construction of the ranch can begin, mostly infrastructure work, which is Qian Bin's strength .
Qian Bin is very enthusiastic about this work. After several months of pregnancy preparation, Xu Fei is pregnant. His own child will be born next year. Being able to have safe milk powder is also responsible for his offspring.
After a week of negotiations, the Xijiang Provincial Government and Shen Fang reached a framework agreement. Xijiang North Tianshan Animal Husbandry Co., Ltd. registered by Shen Fang was established with a registered capital of 5 million yuan. The 50-year use right of the 30 square kilometers of ranch is leased to Shen Fang at a price of 2500 million yuan for the construction of the ranch.
After preliminary accounting by Wild Fox Investment Company, Shen Fang promised to invest no less than 8 million yuan in the first phase of the Kandabao Lake pastoral area.In 2016, an organic pasture with an annual output of 200 million tons of silage will be built, and a modern farm with 5 dairy cows will be built. After two years, the annual output of fresh milk will not be less than 20 tons.This ranch requires organic, large-scale, intensified, standardized, and ecological processes. All milk production processes can be monitored visually throughout the process, and all milk sources meet international standards.
The Xijiang provincial government listed eight state-owned dairy product deep-processing enterprises in Wushi and Shihe for Shen Fang to choose from.Shen Fang can find a national professional accounting firm to conduct an asset audit and give a price acceptable to both parties, and the government will come forward to integrate.The Xijiang government will not sell state-owned assets at a low price, nor will it ask for exorbitant prices.
Considering the production capacity of fresh milk, Shen Fang only proposed to acquire one of the dairy products deep-processing enterprises named Ximu Dairy.
This dairy company was originally affiliated to the Construction Corps, used to provide dairy products to soldiers on the border, and has a full set of milk powder processing production lines.It is just that it is facing deepening reforms. According to the requirements of the state, administrative intervention has been eliminated to accelerate marketization. This company has been losing money for five consecutive years. Currently, all assets are less than 2 million yuan, while corporate liabilities are 2.3 million yuan.It can be said that it is insolvent and completely depends on the Corps for subsidies.
The reason why Shen Fang took a fancy to this company was that the dairy processing company was located in the southern suburbs of Urumqi City, less than ten miles away from the Kandabao Lake pastoral area.This can greatly save raw milk transportation time.
Secondly, this factory can currently produce more than 5000 tons of milk powder per year, which is enough for the initial production capacity of pastoral areas.The most important thing is that most of the employees of this enterprise are children of the Corps, who have been under militarized management for a long time, and the product quality is also the highest.The loss of an enterprise is a problem in operation and has little to do with production management.
After Shen Fang communicated with the Xijiang Provincial Government, all corporate liabilities were divested. Beitianshan Animal Husbandry acquired Ximu Dairy Company at a price of 2.5 million yuan. RMB 1 million in interest-free loans for subsidies.
On August 10th, Shen Fang and the Xijiang Provincial Government formally signed an investment agreement, officially announcing the official establishment of Beitianshan Animal Husbandry, with an investment of more than [-] billion yuan in the first phase.Since it has not yet been put into production, when relevant reporters asked Shen Fang why he got involved in the dairy industry, Shen Fang simply said: "I want to provide my family and friends with high-quality milk sources."
As soon as the news came out, countless netizens shouted "rich and willful", and invested 10 billion to build a ranch in order to be able to drink safe milk.This is even higher than Netease's Ding Sanshi who wants to eat safe meat and build a pig farm by himself. He deserves to be the richest man in China.
Thanks to the rapid growth of the market value of Apple, Google, Facebook and Netflix, and the positive market of several projects invested by Wild Fox Investment in China, Shen Fang's assets have been further improved, and he is currently ranked among the world's richest people with US$385 billion The 15th place continues to surpass Li Ka-shing, who invested US$52 billion in the United Kingdom this year, to become the richest Chinese man.Behind him in the mainland is Wang Jianlin of Wanda Real Estate, with assets of 242 billion US dollars. Ah Li's Mr. Ma's net worth has shrunk slightly this year, with 227 billion US dollars behind Wang Jianlin.
In fact, Shen Fang still has a wealth that has not been fully calculated.
In August 2015, MediaTek, the second largest semiconductor company in Wanwan, changed hands and announced its delisting. No one has linked it to Shen Fang for the time being.
After MediaTek’s second-quarter financial report came out, its market value fell below $45 billion.The market share has been gradually lost due to the squeeze by Qualcomm and Ziguang Spreadtrum. Now China's domestic Huawei's Kirin 950 chip has been successfully developed and is about to be mass-produced. Under multiple blows, MediaTek's stock suffered panic selling.
I have already absorbed a large number of stocks in Sirui Technology Corporation and Yingke Fund in the United States through a number of investment institutions at different points in time.During this sell-off, they secretly absorbed a large number of shares. When the management of MediaTek found out, Cirui Technology had become the largest shareholder of MediaTek with a 30% shareholding, successfully obtained the controlling stake in MediaTek, and announced the reconvening of the board of directors to reorganize MediaTek management.
At the reconvened board meeting, Sirui Technology announced that it has obtained 75% of the equity authorization and will start the delisting process from the Wanwan Stock Exchange.A takeover offer was initiated for all shareholders, and a large number of pessimistic shareholders and shareholders also lost confidence in MediaTek and directly sold their shares.Only MediaTek CEO Cai Mingjie is still actively contacting various shareholders, hoping to struggle.
As the person in charge of this operation, Hansen Williams, directly communicated privately with Cai Mingjie.Committing to retain the original management option dividends and option incentives for the R&D team, Cai Mingjie will continue to serve as the CEO of MediaTek and retain the original 6% equity.Moreover, this delisting is only for asset restructuring, because Sirius will make a big move. After the integration, MediaTek will be re-listed on the New York Stock Exchange, which will be a new beginning.
Cai Mingjie thought for two days and replied to Hansen Williams, who was moved by Cirui Technology's next investment plan.Said to accept the acquisition offer of Cirui Technology, and will assist Cirui Technology in persuading the management and R&D team to prepare for the next step of building a factory in China.
In the next step, Sirui will cooperate with Huaxia Wild Fox Investment Company to build a 12-inch wafer fab in Hangzhou, together with Sirui’s own 4G chip authorization, it will make up for the last shortcoming of MediaTek. In the future, MediaTek will integrate chip design, production, and packaging.
At present, semiconductor companies in the world, especially mobile phone chip companies, are basically divided into two categories. One is chip companies such as Qualcomm, Samsung, and Intel. They have their own mobile phone chip design capabilities and their own production equipment. According to the development of the market, we will launch our own mobile phone chips, and always maintain a leading position in the industry.
The other type is like Apple, Huawei, and MediaTek, which design their own mobile phone chips based on the ARM architecture, optimize the performance of mobile phone chips, and then entrust semiconductor companies such as TSMC, Samsung, Toshiba, and Qualcomm to produce them.
The advantage of the latter is that there is no need to invest a large amount of money in semiconductor factories, only design and development is required.But there is also a problem, that is, the production capacity of high-end chips is insufficient. Even if you design it and cannot mass-produce it, it will still prevent your large initial investment from being returned as soon as possible.
Only Apple can rely on its strong market advantages to obtain a large number of high-end chip orders from TSMC, and Huawei can also obtain some orders from TSMC by virtue of its own product advantages.
MediaTek, on the other hand, is relatively hard-pressed. Although it is also a Gulf company, TSMC does not give them any preferential treatment.Moreover, the launch of each chip of MediaTek must first promote its own products, and only then can it reserve production capacity with TSMC according to the orders of mobile phone manufacturers.There is a problem of time difference, so many high-end products of MediaTek always feel slower than the generation of Apple, Qualcomm and Huawei.
Now that MediaTek has its own fab and the most advanced lithography equipment, it will abandon the constraints caused by TSMC's production capacity, and it can also accelerate its own chip research and development upgrades and regain its market share.
As for Shen Fang’s acquisition of MediaTek, except for Sirui, which is the lead company, the rest of the share operations are all distributed in the hands of different overseas investment institutions, and these investment institutions are in turn registered in the Cayman Islands. controlled by the fund.
This is an offshore company registered by Shen Fang in order to evade the Wassenaar Agreement. This company is a hedge fund that only invests without interfering with real business. On the surface, Cirui Technology can already represent He completes a series of layouts.
After completing the acquisition of MediaTek, Sirui Technology Company and Wild Fox Investment Company jointly established a Sirui Semiconductor Circuit Manufacturing Co., Ltd. in Hangzhou. As a joint venture, American Sirui Technology holds 51% of the shares, and Wild Fox Investment Company holds 49% of shares.
The total investment of this newly established semiconductor company will be as high as 20 billion US dollars.The construction of a 12-inch wafer fab will be officially put into operation in June next year, with a monthly production capacity of 5 wafers. With the order from Wild Fox Investment Company in Ames, MediaTek will directly skip 16nm and 14nm and strive for Leading Qualcomm and Apple to launch 10nm mobile phone chips one step ahead of schedule.
(End of this chapter)
On August 8th, Qin Mohan and Xiao Nanrong returned to Yanjing from Urumqi with their two little girls.
On the 26th, Qin Ruoxi will report to the High School Attached to the Conservatory of Music, starting her three-year high school career.Because Qin Mohan was going to record the show, Xiao Nanrong was given the task of sending Erya to report.
The High School Affiliated to Huaxia Conservatory of Music, referred to as Huayinfu, is located on the south side of Chaoyang Park, close to Yongwang Mansion.
Xiao Nanrong originally planned to let her go to school, and he can take care of her even after he retires.But she was rejected by Qin Ruoxi, who had an independent personality, and she strongly demanded to live on campus.
In Qin Ruoxi's words, if my father wants to stay in Urumqi to help supervise the quality of the milk powder factory, my mother should always accompany my father in Urumqi.Or talk about health preservation with Aunt Qing in the courtyard. If you are really bored, you can go to the No. [-] Middle School cooperated by Wild Fox to teach dance, and use your spare energy to save yourself from staying with her and living alone in Yongwang Mansion, which is usually the case. alone.
But what Qin Ruoxi and Jin Yaran revealed privately was that they finally had a chance to spread their wings and fly high, and it was so uncomfortable to be guarded by their mother.
It doesn't matter to Jin Yaran whether she lives in school or not, she has been boarding for several years when she was in elementary school.Now that the summer vacation is over and the filming of "Little Farewell" is finished, she is already in the third grade of junior high school and she has to study hard.Shen Fang forbade the company to accept any more plays for her, and asked her to attend classes well, and during the winter and summer vacations, if she had a cameo role, he could arrange it for her.
Qin Mohan didn't care about the two of them, first flew to Star City, attended the wrap-up banquet of "The Whirlwind Girl", and then took Wu Yufei and Zhou Qi to Hangzhou for a meeting.The other guests at the meeting were a little puzzled when they saw Qin Mohan coming alone, why Shen Fang, who was inseparable from her, didn't show up.Under Qin Mohan's explanation, everyone knew that Shen Fang was negotiating a project while staying in Urumqi.
After Shen Fang's idea of investing in a milk deep-processing enterprise in Urumqi was reported to the city by Ailimu Aimai, not only Urumqi, but even the Xijiang Provincial Government attached great importance to it.
Although Xijiang is the second largest milk source in China, Xijiang does not even have a national brand that can be sold.Not to mention Yili and Mengniu in Mongolia, even Northeast China has nationally renowned products such as Feihe and Wandashan.Therefore, Urumqi and even the Xijiang provincial government hope to get Shen Fang's financial and popular support to break the dilemma that Xijiang dairy products cannot get out of Xijiang.
Shen Fang also called Peter, Tao Chengren, and Qian Bin in Yanjing to Urumqi, because this is an industry that Wild Fox Investment has never been involved in, and it does not match the project announced by Wild Fox Investment.Therefore, this project will not occupy Wild Fox's funds, but will be independently invested by Shen Fang and Qin Mohan, and the Wild Fox Investment Company will be hired to provide financial audit and asset integration.
"Peter, I want to transfer Qian Bin from Wild Fox Investment Company to borrow for half a year to help take charge of this project." As long as an agreement is reached on this project, the construction of the ranch can begin, mostly infrastructure work, which is Qian Bin's strength .
Qian Bin is very enthusiastic about this work. After several months of pregnancy preparation, Xu Fei is pregnant. His own child will be born next year. Being able to have safe milk powder is also responsible for his offspring.
After a week of negotiations, the Xijiang Provincial Government and Shen Fang reached a framework agreement. Xijiang North Tianshan Animal Husbandry Co., Ltd. registered by Shen Fang was established with a registered capital of 5 million yuan. The 50-year use right of the 30 square kilometers of ranch is leased to Shen Fang at a price of 2500 million yuan for the construction of the ranch.
After preliminary accounting by Wild Fox Investment Company, Shen Fang promised to invest no less than 8 million yuan in the first phase of the Kandabao Lake pastoral area.In 2016, an organic pasture with an annual output of 200 million tons of silage will be built, and a modern farm with 5 dairy cows will be built. After two years, the annual output of fresh milk will not be less than 20 tons.This ranch requires organic, large-scale, intensified, standardized, and ecological processes. All milk production processes can be monitored visually throughout the process, and all milk sources meet international standards.
The Xijiang provincial government listed eight state-owned dairy product deep-processing enterprises in Wushi and Shihe for Shen Fang to choose from.Shen Fang can find a national professional accounting firm to conduct an asset audit and give a price acceptable to both parties, and the government will come forward to integrate.The Xijiang government will not sell state-owned assets at a low price, nor will it ask for exorbitant prices.
Considering the production capacity of fresh milk, Shen Fang only proposed to acquire one of the dairy products deep-processing enterprises named Ximu Dairy.
This dairy company was originally affiliated to the Construction Corps, used to provide dairy products to soldiers on the border, and has a full set of milk powder processing production lines.It is just that it is facing deepening reforms. According to the requirements of the state, administrative intervention has been eliminated to accelerate marketization. This company has been losing money for five consecutive years. Currently, all assets are less than 2 million yuan, while corporate liabilities are 2.3 million yuan.It can be said that it is insolvent and completely depends on the Corps for subsidies.
The reason why Shen Fang took a fancy to this company was that the dairy processing company was located in the southern suburbs of Urumqi City, less than ten miles away from the Kandabao Lake pastoral area.This can greatly save raw milk transportation time.
Secondly, this factory can currently produce more than 5000 tons of milk powder per year, which is enough for the initial production capacity of pastoral areas.The most important thing is that most of the employees of this enterprise are children of the Corps, who have been under militarized management for a long time, and the product quality is also the highest.The loss of an enterprise is a problem in operation and has little to do with production management.
After Shen Fang communicated with the Xijiang Provincial Government, all corporate liabilities were divested. Beitianshan Animal Husbandry acquired Ximu Dairy Company at a price of 2.5 million yuan. RMB 1 million in interest-free loans for subsidies.
On August 10th, Shen Fang and the Xijiang Provincial Government formally signed an investment agreement, officially announcing the official establishment of Beitianshan Animal Husbandry, with an investment of more than [-] billion yuan in the first phase.Since it has not yet been put into production, when relevant reporters asked Shen Fang why he got involved in the dairy industry, Shen Fang simply said: "I want to provide my family and friends with high-quality milk sources."
As soon as the news came out, countless netizens shouted "rich and willful", and invested 10 billion to build a ranch in order to be able to drink safe milk.This is even higher than Netease's Ding Sanshi who wants to eat safe meat and build a pig farm by himself. He deserves to be the richest man in China.
Thanks to the rapid growth of the market value of Apple, Google, Facebook and Netflix, and the positive market of several projects invested by Wild Fox Investment in China, Shen Fang's assets have been further improved, and he is currently ranked among the world's richest people with US$385 billion The 15th place continues to surpass Li Ka-shing, who invested US$52 billion in the United Kingdom this year, to become the richest Chinese man.Behind him in the mainland is Wang Jianlin of Wanda Real Estate, with assets of 242 billion US dollars. Ah Li's Mr. Ma's net worth has shrunk slightly this year, with 227 billion US dollars behind Wang Jianlin.
In fact, Shen Fang still has a wealth that has not been fully calculated.
In August 2015, MediaTek, the second largest semiconductor company in Wanwan, changed hands and announced its delisting. No one has linked it to Shen Fang for the time being.
After MediaTek’s second-quarter financial report came out, its market value fell below $45 billion.The market share has been gradually lost due to the squeeze by Qualcomm and Ziguang Spreadtrum. Now China's domestic Huawei's Kirin 950 chip has been successfully developed and is about to be mass-produced. Under multiple blows, MediaTek's stock suffered panic selling.
I have already absorbed a large number of stocks in Sirui Technology Corporation and Yingke Fund in the United States through a number of investment institutions at different points in time.During this sell-off, they secretly absorbed a large number of shares. When the management of MediaTek found out, Cirui Technology had become the largest shareholder of MediaTek with a 30% shareholding, successfully obtained the controlling stake in MediaTek, and announced the reconvening of the board of directors to reorganize MediaTek management.
At the reconvened board meeting, Sirui Technology announced that it has obtained 75% of the equity authorization and will start the delisting process from the Wanwan Stock Exchange.A takeover offer was initiated for all shareholders, and a large number of pessimistic shareholders and shareholders also lost confidence in MediaTek and directly sold their shares.Only MediaTek CEO Cai Mingjie is still actively contacting various shareholders, hoping to struggle.
As the person in charge of this operation, Hansen Williams, directly communicated privately with Cai Mingjie.Committing to retain the original management option dividends and option incentives for the R&D team, Cai Mingjie will continue to serve as the CEO of MediaTek and retain the original 6% equity.Moreover, this delisting is only for asset restructuring, because Sirius will make a big move. After the integration, MediaTek will be re-listed on the New York Stock Exchange, which will be a new beginning.
Cai Mingjie thought for two days and replied to Hansen Williams, who was moved by Cirui Technology's next investment plan.Said to accept the acquisition offer of Cirui Technology, and will assist Cirui Technology in persuading the management and R&D team to prepare for the next step of building a factory in China.
In the next step, Sirui will cooperate with Huaxia Wild Fox Investment Company to build a 12-inch wafer fab in Hangzhou, together with Sirui’s own 4G chip authorization, it will make up for the last shortcoming of MediaTek. In the future, MediaTek will integrate chip design, production, and packaging.
At present, semiconductor companies in the world, especially mobile phone chip companies, are basically divided into two categories. One is chip companies such as Qualcomm, Samsung, and Intel. They have their own mobile phone chip design capabilities and their own production equipment. According to the development of the market, we will launch our own mobile phone chips, and always maintain a leading position in the industry.
The other type is like Apple, Huawei, and MediaTek, which design their own mobile phone chips based on the ARM architecture, optimize the performance of mobile phone chips, and then entrust semiconductor companies such as TSMC, Samsung, Toshiba, and Qualcomm to produce them.
The advantage of the latter is that there is no need to invest a large amount of money in semiconductor factories, only design and development is required.But there is also a problem, that is, the production capacity of high-end chips is insufficient. Even if you design it and cannot mass-produce it, it will still prevent your large initial investment from being returned as soon as possible.
Only Apple can rely on its strong market advantages to obtain a large number of high-end chip orders from TSMC, and Huawei can also obtain some orders from TSMC by virtue of its own product advantages.
MediaTek, on the other hand, is relatively hard-pressed. Although it is also a Gulf company, TSMC does not give them any preferential treatment.Moreover, the launch of each chip of MediaTek must first promote its own products, and only then can it reserve production capacity with TSMC according to the orders of mobile phone manufacturers.There is a problem of time difference, so many high-end products of MediaTek always feel slower than the generation of Apple, Qualcomm and Huawei.
Now that MediaTek has its own fab and the most advanced lithography equipment, it will abandon the constraints caused by TSMC's production capacity, and it can also accelerate its own chip research and development upgrades and regain its market share.
As for Shen Fang’s acquisition of MediaTek, except for Sirui, which is the lead company, the rest of the share operations are all distributed in the hands of different overseas investment institutions, and these investment institutions are in turn registered in the Cayman Islands. controlled by the fund.
This is an offshore company registered by Shen Fang in order to evade the Wassenaar Agreement. This company is a hedge fund that only invests without interfering with real business. On the surface, Cirui Technology can already represent He completes a series of layouts.
After completing the acquisition of MediaTek, Sirui Technology Company and Wild Fox Investment Company jointly established a Sirui Semiconductor Circuit Manufacturing Co., Ltd. in Hangzhou. As a joint venture, American Sirui Technology holds 51% of the shares, and Wild Fox Investment Company holds 49% of shares.
The total investment of this newly established semiconductor company will be as high as 20 billion US dollars.The construction of a 12-inch wafer fab will be officially put into operation in June next year, with a monthly production capacity of 5 wafers. With the order from Wild Fox Investment Company in Ames, MediaTek will directly skip 16nm and 14nm and strive for Leading Qualcomm and Apple to launch 10nm mobile phone chips one step ahead of schedule.
(End of this chapter)
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